SynBiotic SE, a German cannabis company that is listed on Düsseldorf Stock Exchange, has announced on Tuesday that they are going to invest in Bitcoin. With this announcement, SynBiotic SE became the first German public company to invest in the leading cryptocurrency.

In its statement, the company said that they took the decision because they fear massive devaluation of fiat currencies, owing to an excessive rise in the money supply of both Euro and USD.

https://medium.com/daily-highlights-crypto-analysis-news/germanys-listed-cannabis-firm-synbiotic-se-invests-in-bitcoin-9e283a45e385

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